Cyber News

More than 200,000 complaints of scams and fraud have been filed so far this year, data from the Federal Trade Commission shows. Americans have lost more than $145 million to fraud related to the coronavirus, according to the Federal Trade Commission, which said it had fielded more than 200,000 complaints from consumers. Read more >>>

Department of Veterans Affairs admitted by press release that 46,000 veterans were victims of an agency data breach while withholding details that fired up some in Congress. The agency’s press release stated, “A preliminary review indicates these unauthorized users gained access to the application to change financial information and divert payments from VA by using social engineering techniques and exploiting authentication protocols.” Read more >>>

While technology has expanded your brand’s reach, it has unfortunately created dangerous liabilities right along with it. Whereas once your data was once more or less safe within a filing cabinet, now all virtual records are at risk of falling into the wrong hands. A data breach can be a backbreaker for any brand. There’s the immediate scramble to stop the bleeding, but well past the initial clean-up, the ripple effects can cripple a company for years. Read more >>>

U.S. authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. Read more >>>

Failure to warn clients about wire fraud scams could mean financial loss for your clients—and legal trouble for you. Read more >>>

Giant office retail company Staples informed some of its customers that data related to their orders has been accessed without authorization. Few details are available at the moment. The company has not disclosed the incident publicly and alerted affected customers individually over email. Read more >>>